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MTN Group (OTCMKTS:MTNOY) Shares Gap Up - Here's What Happened

MTN Group logo with Computer and Technology background

MTN Group Ltd. (OTCMKTS:MTNOY - Get Free Report)'s share price gapped up prior to trading on Friday . The stock had previously closed at $7.48, but opened at $7.86. MTN Group shares last traded at $7.85, with a volume of 2,731 shares.

Wall Street Analyst Weigh In

Separately, Citigroup raised shares of MTN Group from a "hold" rating to a "strong-buy" rating in a report on Thursday.

View Our Latest Stock Analysis on MTN Group

MTN Group Price Performance

The stock's fifty day simple moving average is $6.88 and its 200-day simple moving average is $6.16. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.48.

MTN Group Company Profile

(Get Free Report)

MTN Group Limited, together with its subsidiaries, provides mobile telecommunications services in South Africa, Nigeria, East Africa, West and Central Africa, and the Middle East and North Africa. The company offers data, voice and SMS, digital and fintech, interconnect, and roaming services, as well as sells mobile devices.

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